I can agree half. "technical default" is still a default, however unless DFC cancels its P2 funding (lets say loan2, approved by US Congress), not fully unlikely wrt Trump's position towards SA at the moment, but was assured by Stef lately that business as usual (wrt DFC loan2). Then to cancel DFC loan1 or not give waiver seems unlikely/not logical; As per "Molopo Loan", it's a lot clearer. So no need scaremongering.
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